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Adama
Born in Koutiala around 1980, ADAMA is married and the father of six children. He lives with his family in Loulouni, a sub-prefecture of Sikasso, the third administrative region of Mali.

For about six years, ADAMA has been selling snacks (coffee with milk and omelets) as well as consumer goods. His business has a strong reputation, and he has a lot of customers - especially on market days in Loulouni. His resources don't allow him to meet customer demands, and for this reason, he has decided to partner with Soro Yiriwaso. This is his fourth loan, and his three previous loans have been repaid.

With his loan, he would like to buy sugar, coffee, milk, eggs, French butter, and bags of supplies for his store. He would like to earn a monthly income of 115 000 FCFA, which he will use to pay the interest on his loans. He will invest the rest in his business.
View original language description ↓
Né vers 1980 à Koutiala, ADAMA est un homme marié et père de six enfants,qui vit avec sa famille à Loulouni ville, une des sous préfecture de la 3eme Administrative (Sikasso) du MALI.
ADAMA mène cette activité de petite restauration (vente de café au lait avec omelettes) et vente de biens de consommation il y a environ six années. Il jouit d’une forte réputation dans cette activité et reçoit beaucoup de clients surtout les jours de foire de Loulouni, mais ses ressources ne peuvent pas lui permettre de les satisfaire. C’est ainsi, qu’il décida de collaborer avec Soro Yiriwaso. Il est à son quatrième prêt , les trois prêts antérieurs ont été correctement remboursés.
Il compte acheter avec son prêt du sucre, du café, du lait, des oeufs, du beurre français et des paquets d’ articles de boutique.
Il envisage réaliser un bénéfice mensuel de 115 000 FCFA qui sera utiliser pour payer les intérêts de son prêt et investir le reste dans son activité.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

About Mali

  • $1,200
    Average annual income
  • 24
    View loans »
    Mali Loans Fundraising
  • $9,946,525
    Funds lent in using Kiva
  • 523.2
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Adama to buy various items.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013